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TP: Foodpanda, G4 (Terry, Vivian, Thet Thet), The why of platform design,…
TP: Foodpanda
Literature Review
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Metcalfe's Law
The more consumers, restaurants, and delivery providers there are, then the bigger the whole market is
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Scaling network effects
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Frictionless entry
The ability of users join a platform quickly and easily and begin participating in the value creation that the platform facilitates
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Price Effects
Attracts consumers by offering discounts for bulk purchases as well as vouchers, coupons, and even free delivery
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Method
Structure
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Business Model
Revenue
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Commission
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Restaurants don’t need to pay rent, electricity bills, and other service costs
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